1,031 sq meter Factory for Auction in Mumbai, Mumbai – SBI

Property Details

Property type

Factory (Industrial)

Possession

Physical Possession

Area

1,031 sq meter (≈ 11,097 sq ft)

Reserve price / sq ft

₹7,380

Locality

Mumbai

City

Mumbai

State

Maharashtra

Pincode

400096

Address

Mumbai, Maharashtra, 400096 View on map

Description (as per sale notice)

Bank & Auction Details

Bank / Lender

State Bank of India

Branch

SAMB-III MUMBAI-61341

Auction type

SARFAESI Auction

Borrower

DYNAMIX C***** M***** P** L**

Auction start

02 Dec 2026, 10:30 AM

Auction end

02 Dec 2026, 04:30 PM

EMD submission deadline

01 Dec 2026, 04:00 PM

Inspection

20 Nov 2026, 02:30 PM – 20 Nov 2026, 05:30 PM

Authorised officer

Gaurav Kumar Yadav

Officer contact

7600044065

E-auction portal

BAANKNET (Property ID SBIN10002493484)

Price Check

This listing's reserve price works out to ₹7,380 per sq ft. The average across industrial bank auctions in Mumbai on our site is ₹23,568 per sq ft, so this one is 69% below that average. Auction reserve prices are set by the bank's valuer and are not a guide to market value — compare with recent sale prices in the locality before bidding.

How to Participate in This Auction

1. Read the official notice carefully — it contains the full terms, the property schedule and any known dues.
2. Inspect the property on 20 Nov 2026 and check the title, society/municipal dues and occupancy.
3. Register on the e-auction portal (BAANKNET (Property ID SBIN10002493484)), complete KYC and get a digital signature certificate if required.
4. Pay the EMD of — before 01 Dec 2026, 04:00 PM. It is refunded if you don't win.
5. Bid online on 2 Dec 2026 starting above the reserve price.
6. If you win, pay 25% of the bid amount (including EMD) as per the notice and the balance within the time allowed, usually 15 days.

Read our due diligence checklist and EMD guide before bidding.